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$ALE announced planned retirement of CFO Steve DeVinck. As part of a planned orderly transition, DeVinck will remain at the company until spring 2017. CEO Al Hodnik said he looks forward to collaborating with Steve and senior leadership team during this planned transition as $ALE identify new leadership in the CFO from within the company.
The latest earnings report by $VZ shows how it is losing customers despite offering the unlimited data plans, a record for the company.
$BEBE is closing down all its stores by the end of May.
$WFC agreed to hike its payout in a class-action settlement over unauthorized accounts by $32 million to $142 million for its retail sales practices. The settlement will now include customers who were impacted as early as May 2002.